Bitcoin Slips Below $85,000 as Ethereum, XRP, Dogecoin Fall With Treasury Yields at 19-Year Highs

Bitcoin traded below $85,000 after failing to break $87,000 resistance, despite significant spot ETF inflows. The 10-year Treasury yield surged to its highest level since 2007 and traders now pricing in a nearly 60% chance of another 25-basis-point rate hike next month.CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$84,228.99Ethereum(CRYPTO: ETH)$2,664.67Solana(CRYPTO: SOL)$114.18XRP(CRYPTO: XRP)$1.49Dogecoin(CRYPTO: DOGE)$0.09206Shiba Inu(CRYPTO: SHIB)$0.055602Notable Statistics: Coinglass data shows 132,639 traders were liquidated in the past 24 hours for $582.90 million. SoSoValue data shows net inflows of $714.8 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $162.3 million. In the past 24 hours, top gainers include XRP, Hyperliquid and Pepe. Notable Developments: Bitcoin Analyst Admits His Rate-Hike Thesis ‘Was Not Rooted in the Data’ XRP Could Repeat Its 2016 Pattern and Rally 50x, Analyst Says: ‘Charts Don’t Lie’ Kalshi Rejects Wash Trading Claims as Report Flags Unusual Activity in Ethereum Perpetuals Market Bitcoin Could Deliver ‘3-5x Rather Than Another 10x’ This Cycle, Analyst Says Bitcoin, Ethereum, XRP Slide as $18 Billion Options Expiry Looms: What’s Going On? Tesla’s Bitcoin Stash Nears $1B as Short Squeeze Fuels Rally CFTC Chair Selig Signals ‘Mass Tokenization’ as Raoul Pal Says Everything Will Be a Token Bitcoin May Retest Low $60,000s Before $100K, Mark Yusko Says ‘Everyone’ Should Own It Trump’s Strategy Stock Trades Draw Scrutiny as MSTR Surges 83% Dogecoin Gains 18% in a Week as ETF Inflows Return – What’s Next? Trader Notes:Trader KillaXBT said Bitcoin’s new range is still forming, with $80,000-$95,000 a likely zone. He would be surprised by $100,000 this year, but sees pullbacks limited to roughly 10%-15% on the broader move toward $126,000.Daan Crypto Trades highlighted $83,000-$84,000 as the key line for bullish momentum. The leverage-driven retest offers bulls a chance to defend the breakout.A sustained move below $83,000 would signal weakness and warrant more caution into month-end.Michael van de Poppe noted that Bitcoin’s latest liquidity sweep could mark the end of the correction, but a second leg toward $81,000 remains equally possible. Either way, he favors buying dips, particularly in altcoins.Image: Shutterstock